estimating employment and income generated in the informal economy in India. [NCEUS WP NO 3]. …

This paper explores issues relating to informal trade in the SAARC region. It spells out the reasons underpinning … illegal trade in the South Asian region. Further it focuses on the estimated size and composition of informal trade in the … region and highlights its relationship to formal trade. The study examines the modalities under which such trade prospers. It …

How has the microcredit movement managed to push financial frontiers? In a context in which borrowers vary in … risk-matching and intra-group diversification of risk using data on Thai microcredit borrowing groups. We propose a non …-diversification results reveal a potentially negative aspect of voluntary group formation and point to limitations of microcredit groups as …

Many popular social programmes have limited coverage among households at the very bottom of the income and wealth … distribution. If a programme reaches the poor, but neglects the destitute, the (pre-programme) income distribution of participants … pattern of programme participation. Our numerical simulations of data on household expenditures and membership of micro-credit …

had the same level of permanent income prior to 1982 when some of the fathers were displaced. We demonstrate that job loss … leads to large permanent reductions in family income. Comparing outcomes among individuals whose fathers experienced an … children whose family income was at the bottom of the income distribution, and are robust to a number of specification checks. …

capital externality in the market sector, an informal home production sector in which child labor laws cannot be enforced …, uninsurable idiosyncratic income risk, borrowing constraints, and endogenous wage and interest rate determination in general …